FTX Japan plans to resume withdrawals by 2023: Report
Japan’s Financial Services Agency requested the exchange suspend business orders on Nov. 10 prior to FTX Group declaring bankruptcy in the United States. Go to Source Powered by WPeMatico
Bankruptcy
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Celsius bankruptcy victims get proof-of-claim deadline from US court
The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company. Go to Source Powered by WPeMatico
Getting funds out of FTX could take years or even decades: Lawyers
The complexities that come with digital assets, cross-border insolvency and competing jurisdictions could add years to the timeline. Go to Source Powered by WPeMatico
FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
Not much is known about who these creditors could be, as names and personal information were redacted from the published document. Go to Source Powered by WPeMatico
Bankrupt crypto exchange FTX begins strategic review of global assets
FTX debtors are in talks with finserv firm Perella Weinberg Partners for various sale or reorganization attempts. However, the engagement of PWP is subject to the bankruptcy court’s approval. Go to Source Powered by WPeMatico
FTX collapse won’t impact everyday use of crypto in Brazil: Transfero CEO
The fall of FTX undoubtedly hurt investor sentiment toward crypto, but it won’t change its popularity as a means for cross-border transactions. Go to Source Powered by WPeMatico
Crypto Exchange FTX Fires 3 Top Executives, Report Reveals
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in the U.S. court system. 3 Members of FTX Management Lose Their Jobs, Spokesperson Quoted Troubled cryptocurrency exchange FTX has … Read more
FTX is done — What’s next for Bitcoin, altcoins and crypto in general?
FTX is gone, and it looks like many centralized crypto platforms will fall with it. But is there a silver lining? Go to Source Powered by WPeMatico
Nickel Digital, Metaplex, and others continue to feel the impact of FTX collapse
Some companies have resulted in layoffs to deal with their million-dollar losses. Go to Source Powered by WPeMatico
Crypto Biz: FTX fallout leaves blood in its wake
Businesses exposed to Sam Bankman-Fried’s bankrupt cryptocurrency exchange are beginning to topple. Go to Source Powered by WPeMatico
